Report Update Apr 1, 2024

Venezuela - Carboxylic Acid With Alcohol, Phenol, Aldehyde or Ketone Functions - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Carboxylic Acid Market 2024

Carboxylic Acid Market Size in Venezuela

The Venezuelan carboxylic acid market reduced to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a significant decline. Carboxylic acid consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Carboxylic Acid Exports

Exports from Venezuela

Carboxylic acid exports from Venezuela totaled X kg in 2022, growing by X% on the previous year. Over the period under review, exports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, carboxylic acid exports dropped dramatically to $X in 2022. Overall, exports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

South Korea (X kg) was the main destination for carboxylic acid exports from Venezuela, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Korea totaled X%.

In value terms, South Korea ($X) also remains the key foreign market for carboxylic acid with alcohol, phenol, aldehyde or ketone functions exports from Venezuela.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to X%.

Export Prices by Country

In 2022, the average carboxylic acid export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to X% per year.

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Carboxylic Acid Imports

Imports into Venezuela

In 2022, approx. X tons of carboxylic acid with alcohol, phenol, aldehyde or ketone functions were imported into Venezuela; reducing by X% compared with 2021 figures. In general, imports saw a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, carboxylic acid imports reached $X in 2022. Over the period under review, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), China (X tons) and Belgium (X tons) were the main suppliers of carboxylic acid imports to Venezuela, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and Belgium ($X) appeared to be the largest carboxylic acid suppliers to Venezuela, together comprising X% of total imports. India, Colombia, the United States and Italy lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average carboxylic acid import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?

The countries with the highest volumes of consumption in 2022 were China, the United States and India, with a combined 39% share of global consumption. Russia, Brazil, France, Spain, the United Arab Emirates, Japan, Italy, Germany, the Netherlands and South Korea lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?

The country with the largest volume of carboxylic acid production was China, comprising approx. 38% of total volume. Moreover, carboxylic acid production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The United States ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions to Venezuela?

In value terms, the largest carboxylic acid suppliers to Venezuela were France, China and Belgium, with a combined 43% share of total imports. India, Colombia, the United States and Italy lagged somewhat behind, together accounting for a further 19%.

What are the leading importers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions from Venezuela?

In value terms, South Korea remains the key foreign market for carboxylic acid with alcohol, phenol, aldehyde or ketone functions exports from Venezuela.

What is the average export price for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Venezuela?

In 2022, the average carboxylic acid export price amounted to $10,284 per ton, with a decrease of -48.5% against the previous year.

What is the average import price for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Venezuela?

The average carboxylic acid import price stood at $2,507 per ton in 2022, growing by 11% against the previous year.

This report provides an in-depth analysis of the carboxylic acid market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023